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Retail Space with Drive-Through
For Lease
$20 SF/Yr

18430 Fenkell Ave, Detroit, MI 48223

Interior layout supports flexible retail configurations, with on-site parking available.

Space SizeContact for details
Days on Market154

Property Features for 18430 Fenkell Ave

General Information

Standard status Active
Property subtype Retail
Zoning B3

Amenities

Drive Thru
Listing Agency: Encore Real Estate Investment Services
Listed By: Kishon Harbert · License #6501402939
Source: Cpix.resimplifi
Added: Mar 30 Changed: Aug 30 Last Checked: Aug 30 at 12:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This retail property at 18430 Fenkell Ave includes a large interior area that can accommodate varied retail layouts. The building was formerly occupied by Rite Aid and includes a drive-through feature, along with parking for tenants and customers. Zoning is B3.

The property sits at the intersection of Grand River and Fenkell in Detroit’s Rosedale Park neighborhood, within a heavily trafficked retail area. Nearby businesses include Rent-A-Center, McDonald’s, Dollar General, Little Caesars Pizza, CVS, KFC, and Wendy’s. More than 443,000 people live within 5 miles, and the average household income within 1 mile exceeds $61,397.

Key Highlights

  • Large interior area with flexible retail layout potential
  • Drive‑through feature included
  • B3 zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 48223, MI

22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

This space is priced 30% above the average of $15.41 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Interior layout supports flexible retail configurations, with on-site parking available.
Where is this retail space located?
The property is located at 18430 Fenkell Ave Detroit, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Large interior area with flexible retail layout potential; Drive‑through feature included; B3 zoning
More about this property
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